Apollo-managed funds invested $1 billion in subordinated hybrid notes issued by UAE real estate developer and investment manager Aldar Properties PJSC, marking Apollo’s fifth investment in Aldar since 2022 and bringing total commitments to about $2.9 billion. Apollo said the proceeds are intended to support Aldar’s balance sheet flexibility and growth plans, including landbank replenishment, expansion of its develop-to-hold portfolio, and strategic acquisitions.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Apollo Global Management Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9658192-en) on February 20, 2026, and is solely responsible for the information contained therein.